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Thread ID: 89906 2008-05-15 22:57:00 Peak Oil, a far bigger concern than Global Warming. Battleneter2 (9361) PC World Chat
Post ID Timestamp Content User
669844 2008-05-15 22:57:00 For those that don't know what "peak oil" is, spending 20 minutes reading up might completely alter your priorities over Global warming.

It seems the general media are completely unaware of what is coming or unwilling to focus on it. Mans contribution to global warming is about to be largely solved but not how we would like.

http://www.lifeaftertheoilcrash.net/

I believe we are seeing the first true signs right on schedule, to me its a matter of acceptance and not a matter of believing.
Battleneter2 (9361)
669845 2008-05-16 01:43:00 Your most likley correct but the Govs of this world see more tax to be made out of global warming than peak oil, hence they push global warming.. paulw (1826)
669846 2008-05-16 05:47:00 So $4000,000,000 for improved roads and harbour tunnels in Auckland will provide the world's best cycle tracks? Graham L (2)
669847 2008-05-16 07:08:00 So $4000,000,000 for improved roads and harbour tunnels in Auckland will provide the world's best cycle tracks?

Yep, its almost mind boggling, its like the governments of the world have not noticed a threshold has been passed and the world now has a devastating immanent problem.

Spending hundreds of millions on roading, its kinda funny how stupid we can be.
Battleneter2 (9361)
669848 2008-05-16 08:03:00 The "peak oil" argument is based on fact but the truth is it is a lot of hype.

What they fail to take into account is that as the oil price rises, the viability of previously unprofitable oil deposits becomes greater and greater.

Also as technology progresses, the cost of oil exploration and excavation becomes less and less. In Brazil recently, huge oil deposits were found at depths that they were previously unable to mine.
pine-o-cleen (2955)
669849 2008-05-16 08:28:00 We can always switch to other sources of fuel (if we really want to)

We can't do crap if we the temp. goes up and all the low-lying areas start flooding and we have a huge migration crises.

Yeah, Global Warming is still Problem No. 1
beeswax34 (63)
669850 2008-05-16 10:12:00 The "peak oil" argument is based on fact but the truth is it is a lot of hype .

What they fail to take into account is that as the oil price rises, the viability of previously unprofitable oil deposits becomes greater and greater .

Also as technology progresses, the cost of oil exploration and excavation becomes less and less . In Brazil recently, huge oil deposits were found at depths that they were previously unable to mine .

I actually half agree with you, however growth demand is easily exceeding newly exploratory deposits, with China and other Asian countries accelerating growth .

You do not need demand to exceed supply by much to drive the price through the roof and basically destroy the world economy's . The Proof to this concept is happening right this minute with Oil around $125 a barrel and thats easily just the start .


We can always switch to other sources of fuel (if we really want to)

Yeah, Global Warming is still Problem No . 1

You simply need to read that article(and many others), clearly you haven't, there are NO truly viable alternative fuels, sorry to destroy your hopes .

Global warming is NOT a major issue, fossil fuel consumption will be around 50% of what it is now in 20 years . The problem is we will have billions of starving people including Weston countries . Sounds far fetched until you realise the current trends were predicted 30 years ago and the conclusion is immanent .

The good news is the planet will be saved, however much of the Human race will not lol .
Battleneter2 (9361)
669851 2008-05-16 10:37:00 I take it that some people do not read adverts on this site as they use other browsers and or block popups and etc.

Try this link:-
www.investmentu.net

By coincidence or not the above link came from the Fairfax ads on this site.
Feel free to choose. This came from ADS by Google.
Sweep (90)
669852 2008-05-16 10:51:00 It is the old supply and demand thing in my view.

For example diamonds have been restricted as to supply so therefore the price will go up. If every person decided not to buy diamonds as jewrely then the price will go down apart from industrial diamonds being used in manufacturing.
Sweep (90)
669853 2008-05-16 12:38:00 The unhappy fact is that oil is a very finite resource, and as demand out strips supply, the long term solution it is not about developing new oilfields and systems of recovery, because the reality is that we are faced with an escalating demand for a diminishing resource, so price rationing will be the natural consequence, making use of oil for transport fuels past history.
This will impact all forms of transport and distribution, the production of food, and change our lives and freedom of travel dramatically.
There are are many uses of petroleum products for which satisfactory substitutes are available - aviation, diesel fuel for road and rail freight - and don't suggest bio fuels as the answer, because turning over more and more food production to bio fuel production on the scale necessary to meet demand will cause severe food shortages.
Perhaps now is the time to give some serious thought to the production of synthetic petroleum fuels from coal. Nazi Germany ran their war machine on it - The Sasol process in South Africa kept that country mobile during sanctions against Apartheid.
The meek may inherit the earth, but the strong will have the mineral rights and the oil.
KenESmith (6287)
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